OHB SE Chief Executive Marco R. Fuchs said the company expects two big orders in the second quarter: a 300-million-euro ($325 million) order for the German government's civil/military Heinrich Hertz telecommunications satellite; and an order from the European Commission and ESA for eight more Galileo positioning, navigation and timing satellites, valued at around 255 million euros.
Credit: OHB
PARIS — Satellite and rocket-component builder OHB SE of Germany on May 10 said the decline in its backlog reported in the first quarter of this year is about to reverse sharply with . . .
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